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Ongoing quarterly results, along with derivatives expiry and global cues will guide the key equity markets during the upcoming week, market observers said. Analysts pointed out that the Parliament's monsoon session, as well as the direction of foreign funds' flow will be the other major themes for the upcoming week. "Markets will continue to be influenced by stock-specific news and corporate action ...
ST PETERSBURG: Kuwait's oil minister Essam al-Marzouq said on Saturday that compliance with oil production cuts by OPEC and non-OPEC countries is good and that deeper cuts are possible. Asked about the possibility of further cuts to support the price of crude, the minister said: "Everything is open." Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC ...
NEW YORK/LONDON: Gold was set for its biggest weekly gain in two months on Friday as a surging euro dragged down the U.S. dollar to its weakest since June 2016, making bullion cheaper for holders of other currencies. Bond yields fell after European Central Bank President Mario Draghi said on Thursday the ECB was in no rush to scale back its asset purchase programme. The greenback retreated against ...
MUMBAI/BENGALURU: Gold demand in Asia eroded this week due to higher prices with a seasonal slowdown denting the lure for the precious metal in second-biggest consumer India. Dealers in India offered discounts for gold, as the absence of key festivals kept demand subdued, especially as the wedding season has passed. "Every year, demand remains weak in July. There is no major festival this month. ...
Ongoing quarterly results, along with derivatives expiry and global cues will guide the key equity markets during the upcoming week, market observers said. Analysts pointed out that the Parliament's monsoon session, as well as the direction of foreign funds' flow will be the other major themes for the upcoming week. "Markets will continue to be influenced by stock-specific news and corporate action ...
ST PETERSBURG: Kuwait's oil minister Essam al-Marzouq said on Saturday that compliance with oil production cuts by OPEC and non-OPEC countries is good and that deeper cuts are possible. Asked about the possibility of further cuts to support the price of crude, the minister said: "Everything is open." Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC ...
San Francisco: In an application filed with the US Patent and Trademark Office, Facebook is exploring the development of a 'modular electromechanical device' (read smartphone) which will allow users to add different components onto a device. The modular device can incorporate a speaker, microphone, touch display, GPS and function as a phone, Business Insider reported late on Friday. Facebook's hardware ...
New York: Digital currency bitcoin on Friday averted a split into two currencies after its network supported an upgrade to its software that would enhance its ability to process an increasing number of transactions. Bitcoin's miners have signalled their support for the so-called Bitcoin Improvement Proposal (BIP) 91, avoiding a split of bitcoin into two blockchains. The miners represent a network ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
By Bruno Federowski and Guillermo Parra-Bernal SAO PAULO/BOGOTA (Reuters) - The busiest week for initial public offerings in Brazil in four years ended on Friday on an upbeat note for issuers, as a nascent economic recovery and the passage of key economic reforms helped to lure global investors. Grupo Biotoscana SA, a Colombia-based pharmaceutical firm, and shareholders raised 1.34 billion ...
* GE falls as quarterly profit slides nearly 60 pct * S&P, Nasdaq on track to close higher for third straight week * Visa, Honeywell rise on forecast raise * Indexes down: Dow 0.15 pct, S&P 0.04 pct, Nasdaq 0.04 pct (Updates prices, changes comment, byline) By Kimberly Chin NEW YORK, July 21 (Reuters) - U.S. stocks ticked lower on Friday as weak earnings from industrial giant General Electric weighed, ...
ST PETERSBURG: Kuwait's oil minister Essam al-Marzouq said on Saturday that compliance with oil production cuts by OPEC and non-OPEC countries is good and that deeper cuts are possible. Asked about the possibility of further cuts to support the price of crude, the minister said: "Everything is open." Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC ...
By Aditya Kalra NEW DELHI (Reuters) - The state government in Delhi told Philip Morris International Inc and other tobacco companies on Saturday to remove all advertisements from tobacco shops in the city, warning them of legal action if they do not comply. The order, sent by Delhi state's chief tobacco control officer S. K. Arora, comes days after Reuters reported that Philip Morris was promoting ...
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are investigating allegations of a cartel among a group of German carmakers, the European Commission said on Saturday, a measure that could result in hefty fines for the companies. The Commission and its German counterpart were tipped off about the possible cartel, the EU competition authority said. "The European Commission and the ...
Tokyo: Toyota Motor Corp is likely to begin mass production of electric vehicles (EVs) in China as early as 2019, the Asahi daily reported on Saturday. The model will be based on the C-HR sport utility vehicle and manufactured for Chinese market only, the report said without citing sources. The pace of production is to be decided after taking into account the regulations and the subsidies, the ...
  Cities   Price (10g)
  Gold Rate in Chennai   Rs. 27770.00 (0.47%)
  Gold Rate in Mumbai   Rs. 28260.00 (0.43%)
  Gold Rate in Delhi   Rs. 27800.00 (-0.71%)
  Gold Rate in Kolkata   Rs. 28190.00 (0%)
  Gold Rate in Kerala   Rs. 27200.00 (0.55%)
  Gold Rate in Bangalore   Rs. 27050.00 (-4.42%)
  Gold Rate in Hyderabad   Rs. 27740.00 (-0.32%)

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